Should Investors Trust The Upside Potential In Prospect Capital Corp (PSEC)?

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 2.78M but it saw 1195752 shares traded in last market. With a market cap of 2.29B USD, the company’s current market price of $5.28 remained unchanged while comparing to the previous closing price of $5.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.30 and as low as $4.69. In the recent trading on the day, stock has struck highest price mark of $5.24 while lowest mark touched by it was $5.29.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $5.27, while its current price level is -16.19% below from 52-week high level whereas it is 12.58% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.19 while that of 200 days or SMA-200 reads an average of $5.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.64% during that period while stretching the period over a month that increases to 1.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.72 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving 2.52% up while it is -2.58% when we observe its performance for the past one month. Year-to-date it is -11.85% down and over the past year, the stock is showing a downside performance of -12.00%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 432.93M. It has a price to earnings ratio (P/E ratio) of 15.53 while having a 10.56 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 2.65.